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to talk about those circuit breaker stocks yesterday: tesla and groupon both tripping the circuit breakers because the stocks were falling so rapidly. would you be a buyer today? > > i do like tesla here. tesla traded down almost to a major support level around $27.50, and really closed at that level. so let's see where it's going to open. i think it's probably going to get pretty stable, and i think that's a great place to start nibbling back in the stock. groupon to me is a different story. groupon is really driven by news that comes out of the media. it really is driven by public opinion. this stock is, to me, very dangerous. it's not trading on fundamentals, it's not trading on a p/e. it's so hard to value. again, it's public opinion. something comes out that's so negative, we see it go down. we see something great come out on groupon, it goes up. i'd stay away from it. > > michael kors has been a great stock for investors. it's more than doubled in the past 12 months here. would you buy this one, or is it too high? > > no, i do like michael kors. the ipo came out at $53, which was a l
on the streets of greece. why spending cuts are triggering the massive riots. >>> tesla publishing a long list of problems. we will look through it coming up. >>> temperatures are not bad. temperatures are in the 60s. triple digit heat on the way and rain showers on the same seven-day forecast. we will time it out for you coming up. >>> and giving you a live look at the bay bridge toll plaza. it looks nice and empty there. a good time to make your way to san francisco. it is 11:11 now. stay with us. >>> it was a wild scene as an estimated 50,000 protesters marched through the streets of athens angry over the austerity measures. this is video from this morning of protesters throwing molotov cocktails at police. you see the demonstrations closed schools and canceled flights. the country's prime minister and finance ministers are hammering out a $15 billion package of spending cuts. greece's next bailout payment is hinging on the government's agreement of further spending cuts. >>> tesla's shares are hanging on a day after the stock fell. scott mcgrew, there are a lot of challenges ahead for the
tesla announces expansion plan autos w >>> bay area based tesla plans to open 10 more stores around the u.s.. customers will be able to design their own tesla model s sedan z there is another store opening in boston next week. in california there will be more stores in san diego and topanga. there are showrooms in pen mow -- menlo park. shares down nearly 3% after the ceo could not confirm delivery of 5,000 by the end of the year and you can catch the prime time emmies this sunday, right here on abc 7 and jimmy kimmel is hosting this year, he got things rolling helping roll out the red carpet. this morning spoke with abc 7 news. about his nomination and dream of winning. >> this would with easy to switch those envelopes and put my name on it. i wonder what would they do? would they take ate way? or just go along with it? >> and it starts at 2:00 owe on sunday with the special and red carpet arrivals then jimmy kimmel switching envelopes hosting from 5:00 to 8:00 and >>> coming up, more on final flight of the space shuttle endeavor, the governor signed a bill making space exploration
to tesla roadster. >> the big question, jessica, if i do this how do i know that somebody crazy isn't just going to get in my car crack it up and get some kind of accident? what is the process of ge getaround? >> with getaround you can sign up and start sharing instantly. get the iphone app or go to the website. we do driver screening on anyone before they're able to rent. that includes a driver record check through the state dmv as well as identity verification and social verification. you build up credibility on getaround. renners rate owners, owners rate renters an we have insurance through berkshire hathaway. liz: if somebody gets in an accident in my car it doesn't affect my insurance? >> correct. liz: you went to sacramento to make sure there was a law to eliminate a barrier. is it true you had trouble in the startup one of the most regulated industries is auto industry and nobody would insure you except one company? >> insurance is not the fastest moving industry. so early on when we were trying to explain this concept of peer-to-peer social car sharing people thought, okay, it is i
announcement from the tesla motors. now the automated car and now they are unveiling a solar powered charging station. the super chargers will make refuelling the electric vehicles as fast as stopping for gas and a bathroom break in a conventional car. there are six stationed at restroom stops in gilroy and other areas. the new stations will change the way people will view electric cars. >> people have the idea if you have an electric car, you can't -- there is no freedom. you're stuck. they have the idea you can't go anywhere. what we are showing here today is in fact you have more freedom than with anything. >> he says tesla plans to have more stations running through california and nevada and oregon by the end of the year. the entire united states by the end of 2014. >>> the giants are trying to make it easier for you to get tickets to the post season. that plan comes with a deadline. you have to register by noon today for a chance to purchase post-season tickets. this is the only way to fairly distribute post-season tickets to as many fans as possible. to register, you have a half an hour
to allow the driverless cars on the road, nevada approved it in february. and tesla says it plans to build a network of charging stations across california to accommodate its electric sedan. the california-based car company unveiled the network. tesla says there are currently six locations with plans to build 100 more. the company says they can provide 150 miles of additional range of a 30-minute charge but they are not compatible with other electric cars. >>> you may have noticed what looked like an incredible bright moon. it was not real. a light was placed on treasure island to create the look of moonlight to film "the internship" starring vince vaughn and owen wilson. >>> tonight at 5:00, more on the controversy call from the game yesterday. it turns out one of the referees involved in the decision lives not too far from the bay area. more on him and the nfl negotiations at 5:00. thank you for joining us. we will see you at 5:00. ese politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new
undervalued"... the stock up 5% today to $2.60 a share. morgan stanley upgrading shares of tesla motors, sending the stock zooming higher, delivery delays have plagued the electric vehicle maker, but morgan says tesla has the ability to significantly outperform. tesla shares jumped 7% to $32.54. morgan stanley also lifted its price target on the shares to $50, from $45. vivus shares gaining some weight, as the company rolled out its obesity drug, ahead of schedule. quseemiah, was supposed to debut next quarter, the company says it's now available for prescription. that early release, sending vivus shares up 4%, to $3.85, a one-month prescription costs $184. as for our most acti excnge tradedunds and notes, the i- path short term futures note, leading the way lower, down 1.2%. and that's tonight's "market focus." >> susie: gold has been shining recently: prices have jumped more than 10% in the past two months. gold closed down slightly today at $1771 an ounce. what's outlook from here, and what's the best way to invest in gold? so tonight's word on the street: gold. joining us, joe "doe"
came on during the day. yesterday, he actually said this is great for tesla. these are 100,000-dollar cars. they are great. the company, free market capitalism swindler. tesla will survive and the others will fall by the wayside. when you make of that? >> even tesla has been getting a lot of support. how many people want to buy 100,000-dollar sports cars? >> i think leonardo dicaprio or somebody like that. [laughter] >> they are great if you actually drive up in your limo and you stop a couple of blocks away from the red carpet, and the drive back to your limo again. but they're not for normal people who have normal budgets and guidelines. cheryl: don't you think it will really be about the hybrids? is that without american public is going? support a hybrid vehicle? >> i do not support subsidies. nobody buys them. i think hybrids have a real place in the market. even then, much smaller than what people think and growing slowly. a lot of people are buying second hybrids and they found out that they are more expensive to maintain and repair. people are always underestimating the interna
. >>> tesla says it is going to open 10,000 stores over the next few months. san diego, new york, new jersey and florida are some of those locations. tesla says customers will be able to customize a model s sedan with interactive displays and then see what it looks like on a giant screen. with these 10 new stores, tesla will now have 34 locations worldwide. >>> yesterday here at 5:00, bill martin helped us fine tune the timing on that shuttle fly over and the locations that were best. everything worked out didn't it. >> yeah it was one of the most spectacular days. >> it fly right in front of my house, i live out in oakland. it was so close it looked like you could hit it with a rock. >>> it was a really neat shared experience. i'm so glad the weather cooperated because some of those photos we're getting. you will see them all throughout the night. we had great photos of the fly over. the golden gate bridge in the background. and it really just affirms what i say too much, that we live in one of the prettiest places in the world. and on a day like this you really can appreciate it especially
and co-founder. tesla stock sliding after they announced new charging for electric vehicles. all that is coming up in the next hour. >>> we'll start with yahoo! marissa mayer playing to revooel veal her plan. she'll likely introduce progress and goal tracking as a measure of performance. cara swisher, co-executive editor for all things "d" joins us on the news line. good to have you back. >> thanks a lot. what will the headline be this afternoon? >> i don't know. she's put a lot in the memo we obtained, talking about goals for the company and trying to put the company on strict benchmarks. i think she'll focus in on a couple things. one is search, improving search results. the relationship with microsoft has been a bust, essentially. she knows search so she'll focus in on where she knows how to make money. second thing is ad tech. we believe she'll make acquisitions in the ad tech area and improve yahoo! as ad platform which has been lagging. an area she doesn't know quite as well but certainly knows better than some people. and the third is looking -- taking the key properties o
energy department gave tesla motors permission to restructure a loan and says the new terms will settle debt in just 10 years if the company becomes profitable and there are papers filed saying production problems with its new model s. >> and there is a man wanted for child molestation has been arrested in mexico. police say he fled to avoid arrests and investigators tracked him down after looking at his wife's financial records. they believe she was arrested in june z on friday, investigators used her information to trace phone calls. fire damaged a home tonight and started on grant avenue last night. plea of the -- three of the residents inhaled too much smoke and went to the hospital. >>> and an investigator was investigating a possible copper theft on hamilton drive, one man resisted arrest. the officer fell and apparently hit his head. both suspects in this case have been arrested. >> and coming up being in charge doesn't necessarily bring on more stress. >> we'll have that and taking a look at how american airlines pilots are creating travel trouble. and one city has gone unscathe
gates are flat on the ground and windows are smashed. >>> a big announcement from tesla tonight. the electric car company unveiled its solar charging station. it will make refueling electric vehicles about as fast as stopping for a bathroom break at a gas station. they're located in gilroy, folsom, barstow and harris ranch. the new stations will change the way people view electric cars. >> people have an idea if you have an electric car, you're sort of -- there's no freedom. you're stuck. they have this idea that you can't go anywhere. what we're showing here today is, in fact, you have more freedom than with anything. >> tesla plans to have more stations running through california, nevada and oregon by the end of this year. and the entire nation by the end of 2014. >>> president obama will address the u.n. tomorrow. he's expected to talk to the giants about the recent attacks that took the life of u.s. ambassador christopher stevens. the president expected to deliver a new warning to iran to suspend its suspected nuclear program. >>> a breast cancer breakthrough. see what resea
mont operation under one roof. they bought 22 acheers from union pacific near tesla motors more on the head nrins tomorrow print edition of the silicon valley business journal. >>> bart will spend 1 million dollars to tackle the problem of? opinion on poop. it's going to install angle metal sheets and other impediment similar to these around stations and trestle to prevent them from poyching above passengers and pedestrians and doing their business. bart says a health esthetic issue the moncomes from nearly 11 million dollar budget surplus this fiscal year. >>> all right. let's get a check now open the forecast. >> from poop to weather. i love it. >> carolyn and larry. a beautiful day today. most of the bay area enjoyed warmer techlts hot in lil more. 96 in fairfield 61 san francisco. half machine bay 59 degrees. didn't warm-up due to the fog. i show you time lapse tonight from our high definition many ka are. high cloud moving in we lack to do you want san francisco and the fog down pwlochlt let check out live doppler 7 hd. that fog layer is actually still real shallow
. 4:47. back to see. >> there's a tesla showroom, and every time i go by i look at them. they are cool. >> yes. >> we have some fog. yesterday it was solid up and down the cost. it's less today. temperatures cooled off. about the same today as tomorrow. but thursday and friday and the weekend, it looks to be sunny and warm, especially by the coast. the low is on its way out of the pictures. about 40 degrees and 50 degrees. sea breeze has been cut in half. yet was 21 and how it's less than 10. up to almost 90 degrees. there's low spipping out there. we'll keep an eye on that but it won't do much. the low that moved out, it will help with no fog. temperatures are slightly warmer for most today and a little puff of a westerly breeze. fairfield was 87. livermore, your, concord, 83. san jose, 79. north bay, about 80. a little change on wednesday. warmer for thursday. and friday, maybe clear. >> thank you. 4:49 is the time. a survivor of the deadly avalanche is po speaking out. he has local ties to the bay area. >>> giant fans, how you can get your hands on tech kits as early as today. 81. >
board put on there. what we are -- going back to tesla we have been falling at start up for many years and been with the ceo elon musk. sid: hundred roadsters were made but he also has a rocket ship company where the dragon capsule that we followed many years ago finally had its major success where it docked with the international space station but going back to tesla what started as a simple idea has become an unbelievable assembly line we got a behind-the-scenes rare look at and wait till you see how he's doing something completely different from the three big automakers. tell us what this is right here. >> painted body where we extend the panels and assemble the panel's and welded them together and come to our paint job. liz: how are orders trending right now? >> doing really well. we continue to cu order growth with every quarter seeing more and more interest. that is a good sign that interest in the car is growing for one quarter of the next and we have a big backlog. liz: you are doing 40 cars a week? is that correct? >> we will do more than that this week. probably double that.
that there could be a new production slowdown covering with the tesla. >> quality issues. tesla is one of those countries -- companies that is bay area based. >> you want to stay away from publicly traded vehicles while they figure it out. >> this is unfortunate and sad it is ironic that wisconsin's governor was with called. >> here is a live look outside from the mt. tam cam. the fog is clinging to the coastline. as we can see from the golden gate bridge camera shot, it is still fairly foggy. you cannot even see the bridge towers. temperatures executive remained cool close to the coastline. away from the coastline we are seeing warmer conditions periods for as we head into tomorrow, because the fog is still lingering it will spread inland oversight and we will have more widespread trick is cooler temperatures into to my left. temperatures are running more in the '60s and '70s brief we will still sees the degree readings of mainly for the inland valleys curious the thursday and friday less fog is expected. more sunshine means warmer temperatures. even at the close line to return for inc
back on their orders so we are cutting back on hearings. shares of tesla motors getting slammed after the company lowered its revenue forecast due to slow rollout which is new model x. the most expensive electric vehicle. very fancy. we spoke to elon musk on the floor of his tax locomotor company and got a much different story. something must have happened between then and now house sales were trending. >> we continue to see growth with every quarter seeing more interest. >> they can develop it fast enough or is not as strong as we hoped but we are following the tax laws story. there is good news. the s and p case schiller index is for home prices up for the fourth consecutive month with home builders getting a lift early on now slightly lower. we are talking home builders for the past year. we got in several months ago but many believe we are really in the early stages of a housing at least recovery. if not come back. let's get to the floor show. traders at the stock exchange and the nymex. you think what turned around the market, we have been a 60 points for the dow. >> there was a
. that young kid was elon musk who is now the c e o of tesla motors and space x please delete rocket ship company. he is a cereal entrepreneur and has a publicly traded auto company that is 28% year over year. in part 2 of our exclusive interview on the floor of the tesla planned elon musk on his ideas and his thoughts about this car company and getting people to the moon, mars and beyond. here it is. you have this whole plant and building cars. start up u.s. auto company. the first in decades. >> pristine quite a long time. liz: at the same time you have a rocket ship company. which we have covered extensively. space x just had a really big moment where you were able to dock your dragon capsule with the international space station. first time a private company has been able to do something like that. what does that mean for space x eventually going public? >> doesn't really need to raise money. we may just provide liquidity and all the league have shareholder accounts and we may choose to go public in a few years or something but there's not any pressing need to go public for space x. li
. >>> tesla's score says he's working on a -- tesla's ceo says he's working on a rail, a people-moving tube that he calls a hyperloop. he says it would cost $6 billion and tickets bo -- tickets would be cheaper than airfare. >>> time now, 7:05. sal is gonna take us to a ride at the toll plaza. >> that's right. we're looking at it, dave. we're going right there. a lot people are trying to get into san francisco at this point. not too bad. what you don't want to see is when you look at this picture, you don't want to see cars that are not moving at all. sometimes we do see that. right now it's very normal. once you get onto the bridge, it's about a ten-minute drive into looking at 80 westbound, t traffic is busier. we're also looking at the hayward commune, hayward, union city and fremont. traffic is getting busier by the minute. the dumbarton bridge not looking all that bad as you drive into san francisco. there's the runway with delta taking off on. there will be fog delays -- taking off on the runway. there will be fog delays. you will see the air delays -- in fact, if you are expecting so
what? i think that all bodes well for tesla motors. you say sort of counterintuitive, maybe it is maybe it is not. this is market where it is not probably the market for mass production. but it is a niche market for a company like this that has done it right. they have the model s. you get the 0 to 60 in about 5 1/2 seconds. 300 miles on a charge. of course the roadster already going to be sold out for this year. then they have got an suv that will probably come out 2014. this thing is beautiful, got falcon wings. cheryl: all electric. i can understand the resistance in the united states. if we're talking about other countries, fair enough. and that's been its niche market. charles: it is a niche market but big enough market for an individual company like tesla where if you are trying to ram them down everybody's throats ala the volt. i think anybody who buys the roadster isn't going to be worried about the distance on the charge, the cost. when you have 100 grand to blow on a car, those are things that you aren't really --. i think the stock goes to 38. cheryl: thank you very much, cha
till. stocks now. tesla motors is up. nicole: let's talk about tesla motors. it is having a great day here on wall street. 5.25%. this is coming on the heels of a key upgrade that they received. they have the ability to significantly outperform. some of the analysts have been lowering their expectations. there is certainly upside potential. just saying the reward for tesla is looking pretty good and better than some of the other stock. cheryl: nicole, thank you very much. dennis: we will have the truth behind those sales numbers that we are hearing about the iphone5. cheryl: first, a look at some of today's winners over on the nasdaq. there are some names for you. we will be right back. ♪ cheryl: we want to show you the latest from the new york stock exchange. you are looking right now at live pictures on the one year anniversary of the movement. they call that ails of wall street. there has been some criticism that the movement is not drawing the attention it did last year. you be the judge. pictures of last year and this year. as you can see, there is the difference for you. we wi
22 acheers from union pacific near tesla motors more on the head nrins tomorrow print edition of the silicon valley business journal. >>> bart will spend 1 million dollars to tackle the problem of? opinion on poop. it's going to install angle metal sheets and other impediment similar to these around stations and trestle to prevent them from poyching above passengers and pedestrians and doing their business. bart says a health esthetic issue the moncomes from nearly 11 million dollar budget surplus this fiscal year. >>> all right. let's get a check now open the forecast. >> from poop to weather. i love it. >> carolyn and larry. a beautiful day today. most of the bay area enjoyed warmer techlts hot in lil more. 96 in fairfield 61 san francisco. half machine bay 59 degrees. didn't warm-up due to the fog. i show you time lapse tonight from our high definition many ka are. high cloud moving in we lack to do you want san francisco and the fog down pwlochlt let check out live doppler 7 hd. that fog layer is actually still real shallow tonight ance finance to the coast becaus
. not wicked lizzie. >> this guy is the next guy. he's just not crazy like tesla ended up being. he really is the future. >> look at what richard cameron is doing. planetary resource. these guys are going to asterix in the next 10 years. that sounds a lot like john kennedy in what he is doing. neil: we are so grateful for weird things now. well, 1.25% growth, we know it should be five or six or 7% growth. we have gotten used to all this. i'm wondering whether it if that is driving us. the sense that mediocrity is what we have gotten you through. >> we have accepted a low bar and rear hand to mouth as far as government from month to month. in every aspect from top to bottom. we have been allowed to accept that we have no long-term plans to be one it jumped up. the fed can do it alone. you need some kind of fiscal policy to go with it and we just don't have that. >> what is it say about our society and our country where ben bernanke is our hero? where he is earning armstrong our leaders have failed us as far as fiscally and any type of budget is concerned. we don't have an energy plan. we do
inventions. entrepreneur elon musk is running space-x and tesla motor. we'll talk about that on "cbs this morning." ♪i -- i got it ♪ i got it made ♪ i got it made ♪ i got it made fresh at subway ♪ ♪ breakfast made the way i say [ male announcer ] at subway, you got it made. try an egg white & cheese tricked out any way you want. subway. eat fresh. try an egg white & cheese tricked out any way you want. living with moderate to semeans living with pain.is it could also mean living with joint damage. help relieve the pain and stop the damage with humira, adalimumab. for many adults with moderate to severe ra, humira is clinically proven to help relieve pain and stop joint damage. so you can treat more than just the pain. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma, or other types of cancer, have happened. blood, liver and nervous system problems, serious allergic reactions, and new or worsening heart failure have occurred. before starting humira, your doctor should test you for tb. a
the driver hres cars on the road. nevada approved it in february. tesla unvailed a high speed model for their electric cars. right now there are six super chargers all located in california. tesla announced drivers could get a half charge in about 30 minutes in gilroy, folsom, harris ranch, los angeles. it only works for the model f. >>> time now 8:25. no matter what you're driving, can you help the folks on 280? >> trying to. you have to give yourself a little extra time. the only good news i can say is we don't have any mayor crashes. 101, the same thing goes. just looking at the lest here. slow traffic also on 280. 880 is backed up from 238 into freemont. bay bridge toll plaza is backed up as well. >> reporter: we will have a little bit warmer temps. maybe later in the week, maybe. the system that came in yesterday, some cooler air. temperatures starting to once off those morning lows, but still upper 50s and 40s. just a slight warm up. thick morning fog. mainly coast around the bay. forecasted highs will be anywhere from 60s to near 90 degrees. if you are by the coast, where is
a new regulatory libor structure sometime this week. >>> tesla shares down sharply after slashing their 2012 revenue forecast. the electric carmaker cited slower than expected rollout of hits model s sedan. tesla adding some suppliers experienced delays in meeting its demand. >>> barnes & noble taking steps into the streaming business. they are launching nook video. they say the service will be available this fall. the company has licensed content from major studios, stars, walt disney studios and viacom. that is the latest from the fox business network, giving you the power to prosper. lori: president obama addressing this year's gathering of the united nations general assembly condemning waves of anti-american protests in the middle east. fox's david lee miller joins us from outside the u.n. here in manhattan with more. david? >> the president spoke for about half an hour before the general assembly. much of that time was spent at length talking about combating extremism. the president specifically talked about u.s. ambassador chris stevens who was killed at the u.s. embassy in
some of the southern valleys around livermore, tesla road, could also see a little wet weather over the next half hour. more sunshine and temperatures warmer by the afternoon. >>> recap, traffic hot spot coming up right now in the union city fremont area waze app showing very slow traffic out of hayward towards highway 84 due to several accidents in that area. >> we've had several tough spots thank you. that's it for this edition of the news that abc7 morning news. >>> don't forget to down -- down load our alarm clock app for your iphone. have a great day.xÑxÑñ!ñcús
and ceo is also ceo of tesla motors. he also sees a future on mars and spoke to charlie rose about that. >> what is it about space for you? what is it about your belief that the private sector can do the job? >> in order to have a future that is exciting and inspiring, we need to be a space fairing civilization. at least to me. and, we want to get out there and be on local planets, we want to make the things that we have read about and science fiction books and have seen in movies, become a reality. >> he says that people could live on mars as long as they are in a dome. but over time, he says that scientists could make it like earth. if you have not had your fill of the historic flight over the bay area, go to cbssf.com. there you will find the full special report during the flyover as well as a full photo gallery. >> we're going back to earth now, and the pet program that a lot of people thought was a joke. as of today it is very much for real. what happens now that these animals have been paired up with the formerly homeless? >> milky cabrera fell on his back, but will it change his,
that the economy is stalled. >> palo alto based tesla announced big plans to open several new stores though they haven't yet confirmed it'll meet its target. it said it'll open ten new stores in the next few months. they said customer also be able to have interactive displays and see how it looks. the model s is being built in fremont. the company said it intends to deliver five thousand of them this year but when asked today the ceo said it wouldn't provide the exact number. >> the shuttle at lax after it's farewell flight over the bay area. . >> san francisco police are guarding one of their own stipulations after a second night of vandalism. we are live with what protesters mad about and where they are now. ♪ ♪ [ man ] excuse me miss. [ gasps ] this fiber one 90 calorie brownie has all the moist, chewy, deliciousness you desire. mmmm. thanks. [ man ] at 90 calories, the brownie of your dreams is now deliciously real. [ female announcer ] and now, try our new chocolate chip cookie 90 calorie brownie. . >>> developing news from san francisco where a small group of protesters defaced
suggest there is a jen feel that the economy is stalled. >> palo alto based tesla announced big plans to open several new stores though they haven't yet confirmed it'll meet its target. it said it'll open ten new stores in the next few months. they said customer also be able to have interactive displays and see how it looks. the model s is being built in fremont. the company said it intends to deliver five thousand of them this year but when asked today the ceo said it wouldn't provide the exact number. >> the shuttle at lax after it's farewell flight over the bay area. . >> san francisco police are guarding one of their own stipulatio . >>> developing news from san francisco where a small group of protesters defaced store fronts in the mission district and slashed tires. deborah is live from the mission police station at 17th, to show us some of that damage. >> last night they wrote killers on the door of this police station. tonight there is paint again and as you can see a long line of officers all long this block, officers from the station and from others that have come into su
of their business license. >> tesla promoting a new network of free charging stations for its group of model s owners. they revealed the network in los angeles yesterday. they plan to install more in the united states and canada. they only work on the high end of the united states. >>> meantime the united states energy department is asking them to speed up their payment of a loan. they have until octobero 31st to submit an early repayment . they have prove said they plan to start repaying december >> the mars rover on its longest drive. it's slowly making it's wayward a site about 1300 feet from the touchdown feet. before it started it practiced the use of its robotic arm. it touched a rock and zapped a rock with it's laser. >> cool images. they are knob crime fighting tools but there is a big debate about if they work and coming up, we are live in oakland where city officials trying to determine if it's worth paying to keep that city's red light camera operating. >> and it's a ground breaking law and google is in the driver's seat. new, the new rules when it comes to driverless cars on the
tonight. shares of tesla motors falling by 10% after the bay area said it's maker fewer than they initially planned. less revenue prompting investors to sell. >>> and how about this? top executives from google are taking shots at apple. former ceo eric schmitt says apple should've kept google maps instead of replacing it with a home built version for their new phone. the switch happened on apple's latest software update and many iphone users say the new map system isn't as accurate as google maps. schmidt said apple would have to approve google maps for the updated system before the app becomes available on the iphone 5. he says that isn't expected to happen any time soon. >>> well, it's not exactly buried treasure, but it is buried history. construction crews have unearthed the massive foundation of the old san francisco city hall, which was destroyed in the 1906 earthquake. the ruined 300-foot tall dome and the wreckage beneath it became a symbol of the great quake, even finding its way on to postcards of that era. workers doing landscaping on hyde street near fulton found
of tesla motors nosediving. the electric carmaker slashed its sales target for 2012 and warned it is falling behind of production goals for the model s sedan. it has a follow on stock offering of 4.3 million shares. you can see that stock getting hammered. >>> our top story tonight as widespread protests erupt around the world, the united nations general assembly meeting in new york city in its second day. a hot button issue taking center stage. terrorism and how president obama is handling those threats. earlier he addressed the u.n. about the iranian government pursuit of nuclear arms. take a listen to what the president had to say. >> iranian government continues to prop up a dictator in damascus and support terrorist groups abroad. time and again it failed to take the opportunity to demonstrate its nuclear program is peacel and meet the obligations to the united nations. america wants to resolve the issue through diplomacy. we believe there is time and space to do so. melissa: does this help the president persuade the world that he is tough on terror? let's talk with someon
-tech inventions. elon musk will be with us. he runs spacex and tesla motors. we'll talk to him about the future of space travel and electric cars. all of that coming up on cbs "this morning". ♪i -- i got it ♪ i got it made ♪ i got it made ♪ i got it made fresh at subway ♪ ♪ breakfast made the way i say [ male announcer ] at subway, you got it made. try an egg white & cheese tricked out any way you want. subway. eat fresh. try an egg white & cheese tricked out any way you want. living with moderate to semeans living with pain.is it could also mean living with joint damage. help relieve the pain and stop the damage with humira, adalimumab. for many adults with moderate to severe ra, humira is clinically proven to help relieve pain and stop joint damage. so you can treat more than just the pain. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma, or other types of cancer, have happened. blood, liver and nervous system problems, serious allergic reactions, and new or worsening heart failure have occurr
a direct correlation with our markets, but on a day where we see things like tesla moving down because they're not selling enough vehicles or they can't ramp up production, coming on the heels of a disappointing vault. some of the good news has been about cars. some of the new technologies aren't grabbing on. what we realize when we watch madrid is what's going on there is about the economy. a lot of the good things that have happened in europe are just about the funding. not even addressing the economy. i think, yes, that's bubbling to the surface. i think there's one other issue. as good as the housing data was today, and it was good, we're still in a 20-foot pool. we're not 18 feet under water, we're two feet under water. if you go back to 2002 or 2003, as i did today, the improvement looks minuscule by a wide comparison. >> good analysis there, rick. liz, when you're talking to clients are they risk verse? what are you hearing from them? what kinds of signs are you getting from some of the corporates out there in terms of the uncertainty? >> you guys talk about it all the time. it's oft
the road bumps for electric cars, tesla motors putting out a warning. going to talk about that with phil lebeau. lots of things at the top of the show. sue, simon, back to you. >> do let us know what you decide to do with china ultimately, amanda. >> absolutely. we will. got to tune in to find out, simon. there's the tease. >> i will. i will. >>> this is the first day of the rest of yahoo!'s life you the new ceo marissa mayer is talking to the rank and file at the company's head quarters about her vision for the team. she started the conversation july 17th. since then, the stock is up and down. standing in the $16 a share range today. 15.86, give or take. jon fortt is live at yahoo! headquarters with the latest. hi, john. >> hey, simon. the best i can tell, thins meeting got started about the top of the hour and seems to still be going on, haven't seen a lot of people coming out just yet. as you can see, the stock trading down slightly today, less than a percent. mayer is address the company about the strategy going forward. and some of what we expect is changes to the homepage, which is
is going to begin this week for managerial and sales associate positions. tesla unveiling a solar-powered charging session that will speed up refueling. the stations are designed to fully charge the new model s sedan in about an hour. the roadside supercharger has been installed at six places in california. rimm says its numbers of users has climbed to 85 million from 78 million -- 80 million from 78 million. most analysts had expected them to lose shares. a new arena will be built near the seahawks and their hers' stadiums, and that is today's speed read. liz: he did not make it. david: i made it. i made it. [laughter] you heard, didn't you? liz: i'll tell you what we heard was the sound from central banks, they are pumping more money into the system as concern over slowing global growth does continue to mount. david: and we have a strategist who says investors will be left dealing with the consequences for years to come. joining us now, brian railing, wells fargo chief fixed income strategist. first of all, we've got to talk about plosser's comments today, the fed president from
-cofounder, elon mfk. david: mr. tesla. liz: other big names. we do the startups. clout. sony computer entertainment. jack trenton. but the silicon valley superstars at the top including david, meg whitman of hewlett-packard. they just announced more job cuts. it will be her first interview with us and with anybody since their numbers just came out for q3. a lot to ta a
a stake in and it's tesla here in the united states. they're coming out and saying that they're developing plans, they'll have to slow things down, not going as quickly as originally thought. any concerns about the demand in the future for the electric car given your investment in tesla? >> i think the oem is never in a hype mode as some of the media was as far as electric cars are concerned. this transition will happen. it's a long transition. we're very very beginning. we'll see customers, but of course so far it's a niche and will take time to develop. we will continue to pioneer this market and in 10 or 20 year, electric cars will play a significant role. >> doctor, thank you for joining us live from the paris auto show. joe, becky, andrew, it does not lk like there's a bottom. we're hearing from ceos and they are not seeing a bottom yet. are you looking out at 2015, 2016 before the auto industry can say, okay, at least we see a base here. >> bad news add to go a pile of bad news we've heard recently. phil, thank you very much. and we do want to have you back here soon to talk to us mo
the altamont pass and patterson patz lightning strict 10 minutes ago between tesla and mines road moving northeast 30 miles an >>> she is the stunning woman grabbing headlines around the world. nazanin boniadi, the actress at the center of the shocking allegations about tom cruise and his life before katie holmes. just who she is, on "good morning america." >>> good morning, everyone. robin is in mississippi with her family. george is in north carolina, at the democratic convention. >> i'm on the empty floor right now. it was packed last night for bill clinton. the speech that fired up the crowd and got a hug at the end from president obama. and how about that bow from bill clinton. i was talking to obama aides who said, he did everything they needed him to do. they raised the bar for president obama tonight. they argue he cleared the way for president obama, to talk less about the past and more about the future. well see if that's going to happen. it will be inside right here, not at the stadium, as planned. and diane and i will have full coverage starting at 10:00 eastern. lara? >> tha
by now. i go early. i said, let's go out there in 2007 and look at the rocket ship at tesla. everyone was criticizing their electric roadster. they're shipping 20,000 of these. they have a less expensive version. we were on the pandora story when they couldn't get attention from the big media outlets. now they have 27% market share of the radio world. we're looking at smaller companies. we're focusing on one that takes a body scan of you in five seconds and you can shop online and never have to return anything because you know your exact measurements. i don't know if we really want to know that. these are the things that we look at, where are the innovative ideas, not just the big boys. >> we thank you for your time and look forward to seeing all your reports. thank you, liz. >> reporter: you bet, tony. >>> ahead at 8:00 -- >> thanks to your own self? >> no, liz. >> that was one of my better ones. looking for love in all the wrong places. this is good. love academy 101 is returning to the district. the host joins us live. >> what are you doing wrong? and sauerkraut is taking center st
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